14‑225 Entity declarations14‑225 Entity declarations

#### 14‑225 Entity declarations Declaration that an entity is an Australian resident (1) An entity may, in writing, declare that, for a specified period, the entity is and will be an Australian resident. > Note: Such a declaration could result in you not being required to pay an amount under this Subdivision (see subsection 14‑210(3)). Declaration that asset not an indirect Australian real property interest (2) An entity may, in writing, declare that, for a specified period, specified \*CGT assets are \*membership interests but not \*indirect Australian real property interests. > Note: Such a declaration could result in you not being required to pay an amount under this Subdivision (see subsection 14‑210(3)). Limit on the periods for which declarations have effect (3) A period specified in a declaration under this section is of no effect to the extent that it includes days later than 6 months after the day the declaration is made. Declarations are not legislative instruments (4) A declaration under this section is not a legislative instrument.